Eindhoven University of Technology (TU/) researchers want to develop solar cells with an efficiency of over 65 percent by means of nanotechnology.

In Southern Europe and North Africa these new solar cells can generate a substantial portion of the European demand for electricity. The Dutch government reserves EUR 1.2 million for the research.

The current thin-film solar cells (type III/V) have an efficiency that lies around 40 percent, but they are very expensive and can only be applied as solar panels on satellites. By using mirror systems that focus one thousand times they can now also be deployed on earth in a cost-effective manner. The TU/ researchers expect that in ten years their nano-structured solar cells can attain an efficiency of more than 65 percent. Jos Haverkort: “If the Netherlands wants to timely participate in a commercial exploitation of nanowire solar cells, there is a great urgency to get on board now.” The research is conducted together with Philips MiPlaza.

They think that nanotechnology, in combination with the use of concentrated sunlight through mirror systems, has the potential to lead to the world’s most efficient solar cell system with a cost price lower than 50 cent per Watt peak. In comparison: for the present generation of solar cells that cost price is 1.50 euro per Watt peak.